Franchise business opportunities allow those with minimal management experience to start potentially successful businesses. The training and marketing provided by the franchisor can help the franchisee operate a successful business and establish a local customer base....
Transactional Services
Steps to take when dealing with business franchising issues
Business franchising can offer strong brand recognition and a proven operating model. At the same time, it comes with strict rules and ongoing obligations that can create challenges for franchise owners. When issues arise, it is important to act carefully and with a...
3 advantages of starting a franchise location
Business owners sometimes find themselves trying to determine what the best business model is for them. Some prefer to start their own company where they have complete creative control and grow it from the ground up. Others decide they want to start a franchise...
Can franchises be overly restrictive?
Franchising gives entrepreneurs the chance to run a business with an established brand. While this can be a great opportunity, franchise agreements sometimes include terms that feel restrictive. How might a franchise be overly restrictive, and what can be done about...
Franchise disclosure violations can harm franchisees
When you invest in a franchise, you expect transparency, honesty, and compliance with the law. But what happens when a franchisor fails to disclose critical information or misrepresents the facts? Franchise disclosure violations can leave franchisees financially...
What should you know about non-disclosure by a franchisor?
People who are entering into a franchise should have comprehensive information so they can make an informed decision. This requires that the franchisor is transparent when they’re working with prospective franchisees. One of the most important things to remember is...
Preventing encroachment on your franchise territory
Running a franchise demands more than hard work, but also a solid grasp of your rights. Before you sign up to franchise a business, it is crucial to arm yourself with a well-written agreement that looks out for your best interests. It may not be apparent now, but...
Overpromising in franchising can be a form of misrepresentation
In franchising, honesty and transparency are key to every successful business relationship. Overpromising, a common pitfall, can create false hopes and lead to disappointment. More significantly, it can border on misrepresentation. Misrepresentation is a type of...
Factors to consider before opening a franchise in Florida
Starting a franchise in Florida is a great way to enter the business world. You receive the franchisor's business assistance and expertise alongside brand recognition, buying power, a built-in customer base, and minimized risks. But a franchise comes with unique...
Exemptions to Florida’s Sale of Business Opportunities Act
The Sale of Business Opportunities Act is a Florida law that regulates how businesses are sold. It requires that any corporations selling businesses register with the state and submit disclosure documents detailing the risks associated with their investment. The...
